Hudson Group and FAO Schwarz Sign Exclusive Agreement to Open Toy and Candy Stores in Airports Across the United States

PRESS RELEASE Businesswire

Mar. 14, 2018, 11:15 AM

Hudson Group (NYSE: HUD), a leader in North American travel retail,
announced it has signed an exclusive agreement with FAO Schwarz to serve
as the exclusive airport retailer for FAO Schwarz and FAO Schweetz
product and shops, with estimated openings by the end of 2019.

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Hudson Group and FAO Schwarz will work closely on new store openings and
brand extensions across the United States that build upon the founding
principles of the iconic New York–based toy brand.

"Hudson Group is committed to delivering exceptional, one-of-a-kind
experiences to our guests,” said Michael Levy, chief merchandising
officer at Hudson Group. "FAO Schwarz is an iconic brand that will offer
a fresh and unique shopping environment for travelers.
Their remarkable global recognition, combined with our expansive
footprint, make Hudson Group and FAO a seamless partnership, and we are
proud to add them to our outstanding portfolio of stores across North
America.”

"FAO has provided a magical experience for children for over 150 years
and we are proud to keep this tradition alive by crafting transformative
retail experiences in new environments,” said David Niggli, chief
merchandising officer for FAO Schwarz. "Extending the enthusiasm
surrounding our retail rollout to airports across North America is an
exciting and natural progression for the brand, and we are thrilled to
partner with Hudson Group, a leader in the space."

About Hudson Group

Hudson Group, one of the largest travel retailers in North America, is
committed to enhancing the travel experience for over 300,000 travelers
every day in the continental United States and Canada. A subsidiary of
New York Stock Exchange-traded Hudson Ltd. (HUD), Hudson Group is
anchored by its iconic Hudson, Hudson News and Hudson Bookseller brands.
Hudson Group operates nearly 1,000 duty-paid and duty-free stores in 88
locations, including airports, commuter terminals, hotels and some of
the most visited landmarks and tourist destinations in the world. Our
wide range of store concepts include travel essentials and convenience
stores, bookstores, duty-free shops, branded specialty stores,
electronics stores, and quick-service food and beverage outlets. For
more information, visit www.hudsongroup.com and www.dufry.com.

About FAO Schwarz

In October 2016, FAO Schwarz was acquired by ThreeSixty Group Inc., a
leading provider of branded consumer products to the nation's largest
retailers. FAO Schwarz has been a brand synonymous with quality and
innovation, offering an unparalleled selection of extraordinary toys
that have enchanted generations and cultivated a loyal clientele. With
over one hundred fifty years of operation, FAO Schwarz evolved into a
must-see destination, attracting over three million visitors annually
and over twenty five thousand visitors per day during the holiday
season. Drawing inspiration from the original classic products and
legendary interactive in-store experience, FAO Schwarz will continue to
incite endless possibilities at locations nationwide. For additional
information visit faoschwarz.com and follow FAO Schwarz on Instagram and
Facebook @FAO.

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